£2,413,950
This estimated value is based upon the latest sale price for the house of £1,287,500 on 17 Apr 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Newport Drive
More crime details
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8 Cambridge Road, Stansted, CM24 8BZ
Phone: 01279246659
| Price Paid | Date |
|---|---|
| £1,287,500 | 17 Apr 2009 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in April 2009 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £1,287,500 results in an estimated price of approximately £2,413,950.
| 17 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.491 % | £1,287,500 | £1,126,450 | £2,413,950 |
The Postcode Pricing Model uses changes in average sales price within the CB11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 49.739 % | £640,385 | £1,927,885 |
| 3 Month Average | 79.782 % | £1,027,199 | £2,314,699 |
| 6 Month Average | 77.895 % | £1,002,894 | £2,290,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £598,387 | £580,000 | ROSE BUSH COTTAGE CAMBRIDGE ROAD |
| 6 Jun 2023 | £663,292 | £650,000 | THE PRIMROSE LONDON ROAD |
| 20 Apr 2023 | £553,350 | £543,000 | WEST BRADBURY HALL CAMBRIDGE ROAD |
| 13 Apr 2023 | £656,479 | £644,200 | THE BLUEBELL LONDON ROAD |
| 31 Jan 2023 | £122,728 | £122,400 | 5 BOWKER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Newport Drive |
| Aug 2024 | Drugs | Local resolution | On or near Newport Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Newport Drive |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newport Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Hall Road |